President Donald Trump’s Department of Justice (DOJ) investigating Federal Reserve chairman Jerome Powell has prompted criticism from the president’s favorite news network — which has in turn sparked criticism from Trump’s base.On Sunday night, Powell announced he was under a criminal investigation by the DOJ. He argued that while the investigation is ostensibly for the cost of renovations to the Fed’s Washington D.C. campus, he was being targeted for his refusal to accommodate the president’s persistent demands to lower interest rates. In a Monday segment, Fox News chief political analyst Brit Hume told host Bret Baier that while he disagreed with Powell on interest rates, he felt the DOJ’s investigation was bare and unlikely to succeed. “Does anybody think this would be happening, this investigation, if Powell had acquiesced to the president and set interest rates where the president wants?” Hume said. “… It’s certainly possible, Bret, in the sweep of history, this system we have where the Federal Reserve has so much control over interest rates was really not ideal. But would it be better if the politicians and the presidents had control of the interest rates? And I think not many economists you’d find on any side of any aisle would say that that’s better.”Hume’s comments appeared to set off many of Trump’s MAGA base on social media. Wendy Maldonado, who describes herself in her X bio as a MAGA conservative and a “Donald Trump supporter,” commented: “It’s amazing how they just brush off the entire situation like he is above the law!” Another conservative X user wrote that he was “extremely disappointed” in Hume.”Brit, you are almost always right. On Powell, you are dead wrong,” wrote actor and stuntman Matthew S. Harrison. “He’s a political operative. Full stop.””Brit still looking thru his rose colored swamp glasses,” tweeted author Mark Jones.Watch Hume’s segment below:
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